STRATEGY STUDIO / PUBLIC DATA EXPLORER

PASSAIC OPTIMIST FRIEND OF YOUTH FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
PASSAIC OPTIMIST FRIEND OF YOUTH FOUNDATION INC (EIN 45-0930833)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-25
IRS object ID
202532989349300213
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-10-25T14:43:26-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN450930833EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Passaic Optimist Friend of Youth Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Daniel SheridanInCareOfNm
Business Name ControlPASSBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1644AddressLine1Txt
CityPassaicCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07055ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDANIEL SHERIDANPersonNm
Person TitlePresidentPersonTitleTxt
Phone9737156693PhoneNum
Signature2025-10-25SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDan SheridanPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1644AddressLine1Txt
CityPassaicCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07055ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$243,764GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.passaicoptimistfoundation.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionGrant scholarships to deserving New Jersey students and provide education opportunities in Passaic NJ areayouth appreciation award program community serviceActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers80TotalVolunteersCnt
Total Gross UBI$82,835TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$37,986PYContributionsGrantsAmt
CY Contributions Grants$38,853CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$67,244PYInvestmentIncomeAmt
CY Investment Income$82,835CYInvestmentIncomeAmt
PY Other Revenue$78,404PYOtherRevenueAmt
CY Other Revenue$60,705CYOtherRevenueAmt
PY Total Revenue$183,634PYTotalRevenueAmt
CY Total Revenue$182,393CYTotalRevenueAmt
PY Grants And Similar Paid$74,442PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$103,601CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,043PYOtherExpensesAmt
CY Other Expenses$2,171CYOtherExpensesAmt
PY Total Expenses$76,485PYTotalExpensesAmt
CY Total Expenses$105,772CYTotalExpensesAmt
PY Revenues Less Expenses$107,149PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$76,621CYRevenuesLessExpensesAmt
Total Assets BOY$336,784TotalAssetsBOYAmt
Total Assets EOY$413,405TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$336,784NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$413,405NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionGrant scholarships to deserving students in Passic areaMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$21,913ExpenseAmt
Revenue$36,884RevenueAmt
DescScholarship dinner - fund raiserDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$12,380ExpenseAmt
Revenue$33,112RevenueAmt
DescGolf outing fundraiserDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$13,420ExpenseAmt
Revenue$31,452RevenueAmt
DescBeefsteak dinner - fundraiserDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$13,658ExpenseAmt
Revenue$20,628RevenueAmt
DescFund raiserDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$13,658TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$20,628TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$61,371TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersYes (true)LocalChaptersInd
Policies Reference ChaptersfalsePoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Passaic Optimist Friend of Youth Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9737156693PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1644AddressLine1Txt
CityPassaicCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07055ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DANIEL SHERIDAN
President Trustee2.000.00Yes (X)Yes (X)$0$0$0
JOHN CIUPPA
TreasurerTrustee2.000.00Yes (X)Yes (X)$0$0$0
JEROME F GALLAGHER JR
TrusteeCorresponding2.000.00Yes (X)Yes (X)$0$0$0
CARLIST CREECH
Trustee2.000.00Yes (X)$0$0$0
JAMES MALISSA
Trustee2.000.00Yes (X)$0$0$0
JUAN IZAGUIRRE
Trustee2.000.00Yes (X)$0$0$0
GERMAINE GIBSON
First Vice President2.000.00Yes (X)$0$0$0
JASON SCOTTI
Second Vice President2.000.00Yes (X)$0$0$0
ESMERALDA CABRERA
Recording Secretary2.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$38,853AllOtherContributionsAmt
Total Contributions$38,853TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$82,835TotalRevenueColumnAmt
Unrelated Business Revenue$82,835UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$122,076FundraisingGrossIncomeAmt
Fundraising Direct Expenses$61,371FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$60,705TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCd
Scholarship dinner - fund900099
Golf Outing - fundraiser900099
Beefsteak dinner - fundra900099

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$182,393TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$82,835UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$103,601TotalAmt
Program Services$103,601ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,751TotalAmt
Management And General$1,751ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$420TotalAmt
Management And General$420ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmt
BankCC Fees$0
Web Page$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$105,772TotalAmt
Program Services$103,601ProgramServicesAmt
Management And General$2,171ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$11,427BOYAmt
EOY$12,937EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$325,357BOYAmt
EOY$400,468EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$336,784BOYAmt
EOY$413,405EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$336,784BOYAmt
EOY$413,405EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$336,784BOYAmt
EOY$413,405EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$336,784BOYAmt
EOY$413,405EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$336,784BOYAmt
EOY$413,405EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$76,621ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$37,798CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$69,202CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$42,085CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$37,986CurrentTaxYearMinus1YearAmt
Current Tax Year$38,853CurrentTaxYearAmt
Total$225,924TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$37,798CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$69,202CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$42,085CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$37,986CurrentTaxYearMinus1YearAmt
Current Tax Year$38,853CurrentTaxYearAmt
Total$225,924TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$225,924PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$42,129CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$40,167CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years-$60,405CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$67,244CurrentTaxYearMinus1YearAmt
Current Tax Year$82,835CurrentTaxYearAmt
Total$171,970TotalAmt
FieldValueIRS element (for citing)
Total Support$397,894TotalSupportAmt
Gross Receipts Rltd Activities$122,076GrossReceiptsRltdActivitiesAmt
Public Support CY1700.56780PublicSupportCY170Pct
Public Support PY1700.65241PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Fund raiserEvent1Nm
Gross Receipts Event1$36,884GrossReceiptsEvent1Amt
Gross Revenue Event1$36,884GrossRevenueEvent1Amt
Food And Beverage Event1$20,618FoodAndBeverageEvent1Amt
Entertainment Event1$1,295EntertainmentEvent1Amt
Event2Fund raiserEvent2Nm
Gross Receipts Event2$33,112GrossReceiptsEvent2Amt
Gross Revenue Event2$33,112GrossRevenueEvent2Amt
Entertainment Event2$11,822EntertainmentEvent2Amt
Other Direct Expenses Event2$558OtherDirectExpensesEvent2Amt
Other Events Total4OtherEventsTotalCnt
Gross Receipts Other Events$52,080GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$52,080GrossRevenueOtherEventsAmt
Food And Beverage Other Events$26,031FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$1,047OthDirectExpnssOtherEventsAmt
Gross Receipts Total$122,076GrossReceiptsTotalAmt
Gross Revenue Total Events$122,076GrossRevenueTotalEventsAmt
Food And Beverage Total Events$46,649FoodAndBeverageTotalEventsAmt
Entertainment Total Events$13,117EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$1,605OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$61,371DirectExpenseSummaryEventsAmt
Net Income Summary$60,705NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part VI Line 11bTrustees and accountant reveiew Form 990.
Part VI Line 19Form 990 and related documents are made available via web page.
Part III Line 4dExpenses: $13658.00 including grants of: $0.00 Revenue: $20628.00
Part III Line 4dFund raiser